There is an initial application fee of US$350.
The cost of the arbitration depends upon who is selected as the arbitrator, the complexity of the issues and how long of a hearing is needed.
Each arbitrator has a rate which may be expressed in the arbitrator’s local currency or another major currency such as the US dollar.
If you are wish to inquire about the daily rate of one or more arbitrators, you can email us for information. A number of arbitrators have agreed upon an indicative rate of US$8250 for a determination on the papers, and an additional US$3500 per day if a hearing is needed. This is subject to the complexity of the case.
After examining the information and before the arbitration agreement is signed, the chosen arbitrator will give an estimate of the total cost involved.